{"id":6036,"date":"2020-09-20T21:13:56","date_gmt":"2020-09-20T21:13:56","guid":{"rendered":"https:\/\/staging.asminternational.org\/edfas\/sia-study-shows-federal-incentives-would-increase-chip-production-facilities-in-america\/"},"modified":"2023-02-23T21:29:22","modified_gmt":"2023-02-23T21:29:22","slug":"sia-study-shows-federal-incentives-would-increase-chip-production-facilities-in-america","status":"publish","type":"post","link":"https:\/\/www.asminternational.org\/edfas\/results\/-\/journal_content\/56\/10192\/42008180\/NEWS\/","title":{"rendered":"SIA study shows federal incentives would increase chip production facilities in America"},"content":{"rendered":"<p>The Semiconductor Industry Association (SIA), Washington, in partnership with the Boston Consulting Group, has released a study showing that nineteen new chip manufacturing facilities would be built in the United States over the next ten years with a $50 billion federal investment.<\/p>\n<p>The report, titled <a href=\"https:\/\/www.semiconductors.org\/app\/uploads\/2020\/09\/Government-Incentives-and-US-Competitiveness-in-Semiconductor-Manufacturing-Sep-2020.pdf\">Government Incentives and U.S. Competitiveness in Semiconductor Manufacturing<\/a>, finds that robust federal incentives would reverse the decades-long trajectory of declining chip production in America and create as many as 19 major semiconductor manufacturing facilities (fabs) and 70,000 high-paying jobs in the United States over the next ten years. Congress is considering legislation that calls for substantial investments in domestic semiconductor manufacturing and research. SIA represents 95 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.<\/p>\n<p>\u201cFederal incentives for U.S. semiconductor manufacturing are an investment in America\u2019s economic strength, national security, supply chain reliability, and pandemic response,\u201d said Keith Jackson, president, CEO, and director of ON Semiconductor and 2020 SIA chair. \u201cWith swift, ambitious action, the U.S. government can help turn the tide of decades of decline in the share of global chip manufacturing done in the United States, which now stands at only 12 percent, and make America one of the most attractive places in the world to produce semiconductors.\u201d<\/p>\n<p><a href=\"http:\/\/www.semiconductors.org\">www.semiconductors.org<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Semiconductor Industry Association (SIA), Washington, in partnership with the Boston Consulting Group, has released a study showing that nineteen new chip manufacturing facilities would be built in the United States over the next ten years with a $50 billion federal investment.<\/p>\n","protected":false},"author":63103,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[434,438,435,436,1],"tags":[],"class_list":["post-6036","post","type-post","status-publish","format-standard","hentry","category-electronics","category-nanotechnology","category-news","category-news-articles","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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